Court bars CBN from releasing allocation to Rivers
![Rivers governor, Siminalayi Fubara [Photo: RSG]](https://gazettengr.com/wp-content/uploads/WhatsApp-Image-2023-06-21-at-7.54.42-AM.jpeg)
The Abuja Division of the Federal High Court on Wednesday restrained the Central Bank of Nigeria (CBN) from further releasing monthly financial allocations to the Rivers government.
The order also affected the Accountant-General of the Federation (AGF), Zenith Bank, and Access Bank, where the state government also banks.
Justice Joyce Abdulmalik, in a judgement, held that the receipt and disbursement of monthly allocations since January 2024 by Governor Siminalayi Fubara of Rivers is a constitutional somersault and aberration that must not be allowed to continue.
Ms Abdulmalik held that the presentation of the 2024 budget by Mr Fubara before a 4-member Rivers House of Assembly was an affront to the constitutional provision.
The judge said Mr Fubara’s action in implementing an unlawful budget had smacked gross violations of the 1999 Constitution he swore to protect.
She, consequently, ordered the CBN, AGF, Zenith Bank, and Access Bank to stop allowing Mr Fubara to access money from the Consolidated Revenue and Federation Account.
(NAN)
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